Overview

• The Consumer Confidence Index increased 0.7 points from July to 46.7, its second straight monthly gain and the highest level since December.
• On an annual basis the index fell 0.7 points, extending a run of yearly declines that Monex counts at eight consecutive months.
• Monthly advances were recorded in expected household conditions, the country’s current and future economic outlook, and the present ability to purchase durable goods.
• Durables led the improvement, with the furniture and appliances component up 1.1 points and a reported 2.7‑point rise in sentiment toward buying durable goods.
• The current household situation was unchanged from July, and Monex highlighted weakening labor indicators alongside continued caution on immediate spending and saving.